Org.nr 989 078 917 2021 → 2022 Year-over-year analysis

AD ASTRA AS: årsregnskap 2022 vs 2021

Shrank 76% on revenue, stronger earnings

approved 2023-06-26; registry 2023-07-26; journal 2023 609078

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for AD ASTRA AS. Revenue 1.26bn NOK → 299.64m NOK (-76.1%). Net result +9.56m NOK → +117.52m NOK. Equity 43.99m NOK → 153.51m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AD ASTRA AS.

Scorecard

Revenue
1.26bn NOK 299.64m NOK
-76.1%
Operating result
-284.1k NOK -782.9k NOK
-175.6%
Net result
+9.56m NOK +117.52m NOK
+1128.9%
Equity
43.99m NOK 153.51m NOK
+249.0%
Cash
11.53m NOK 80.46m NOK
+597.6%
Total assets
44.00m NOK 153.73m NOK
+249.4%

What improved

  • ↑

    Net result improved

    Net result +9.56m NOK → +117.52m NOK (net margin 0.8% → 39.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 43.99m NOK → 153.51m NOK (equity ratio 100.0% → 99.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 11.53m NOK → 80.46m NOK (+597.6% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 22.66m NOK → 17.21m NOK (2% → 6% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.26bn NOK to 299.64m NOK (-76.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -284.1k NOK → -782.9k NOK (op. margin -0.0% → -0.3%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 201.00m NOK → 152.26m NOK (-24.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 21.21m NOK → 17.1k NOK. Reported fact